EXHIBIT 10.20
AMENDMENT NO. 2 TO LETTER AGREEMENT
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This Amendment No. 2 to Letter Agreement (the Amendment) is dated as of
December 1, 2005 and is made by and between Xx. Xxxxx Xxxx (Xx. Xxxx) and Xxxxx
Xxxx LaSalle Incorporated (Xxxxx Lang LaSalle).
RECITALS
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Xx. Xxxx and Xxxxx Xxxx LaSalle have previously entered into that certain
letter agreement (the Letter Agreement) dated July 16, 2004, as amended on
August 30, 2004, regarding the employment of Xx. Xxxx as the President and Chief
Executive Officer of Xxxxx Xxxx LaSalle. Based on their actual experience
regarding the nature and location of Xx. Xxxx'x principal place of employment
since August 30, 2004, Xx. Xxxx and Xxxxx Xxxx LaSalle have mutually agreed to
amend the Letter Agreement as set forth below.
AGREEMENT
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Xx. Xxxx and Xxxxx Xxxx LaSalle hereby agree that the Letter Agreement is
amended by deleting in its entirety the first sentence in the Section entitled
"PLACE OF EMPLOYMENT AND COMMENCEMENT DATE" and inserting in its place the
following sentence:
"Your principal place of employment shall be in Chicago, Illinois, subject to
business travel consistent with the needs and demands of the Company."
As amended by this Amendment, the Letter Agreement is hereby ratified and
confirmed in its entirety. The above amendment shall be deemed to have effect
as of August 30, 2004 for the reason stated in the Recitals.
IN WITNESS WHEREOF, each of the undersigned has executed this Amendment as
of the date first written above.
/s/ Xxxxx Xxxx
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Xxxxx Xxxx
XXXXX XXXX LASALLE INCORPORATED
By:
/s/ Xxxxxxx Xxxx
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Xxxxxxx Xxxx
Chief Human Resources Officer
